This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $72,579 initial cash invested.
4.17%
Cash On Cash
7.9%
Cap Rate
1.28
DSCR
$2,944
Rent
$252
Cashflow
Cash Flow
$2,944 income − $2,692 expenses = $252 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,944
Total Expenses
$2,692
Mortgage P&I
46%
$1,342
Property Taxes
9%
$258
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324